NOT LISTED FOR SALE

6940 E Horizon Dr Unit 1 Cave Creek, AZ 85331

Estimated Value: $1,268,000 - $1,483,207

0.67 Acre
$2,073,212 Price per Acre
29,185 Sq Ft Lot

Last Sold November 15, 2019

Last sale price $150,000

Est. 826% increase in value since last sale

Current estimated payment $7,583/month

91 Days on Market

Highlights

  • 0.67 Acre Lot
  • Mountain View
  • No HOA
  • Black Mountain Elementary School Rated A-

About This Lot

As of November 2019

Wonderful custom home lot in town of Cave Creek. Beautiful location at end of very private cul de sac; Perfect location to build your dream home with amazing views in all directions. This property comes complete with utilities.

Last Agent to Sell the Property

Marilyn Matura

Fathom Realty Elite License #SA524126000 Listed on: 07/13/2019

Fathom Realty Elite

Last Buyer's Agent

Clayton Olsen

RE/MAX Fine Properties License #BR559638000

RE/MAX Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $629

Lot Details

  • 0.67 Acre Lot
  • Property is zoned R-35

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association
  • Black Mountain Shadows Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 216-07-058

Property Details

Property Type

Land

Est. Annual Taxes

$629

Lot Details

0

Listing Details

  • Cross Street: Tom Darlington & Cave Creek
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R-35
  • Tax Year: 2018
  • Directions: From Tom Darlington head west on Cave Creek Rd to Galloway Drive; head North on Galloway Drive to Horizon Drive. Left on Horizon Drive to property at end of cut de sac.
  • Lot Size Acres: 0.67
  • Road Surface Type: Asphalt
  • Subdivision Name: BLACK MOUNTAIN SHADOWS
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 29345.0
  • Additional Parcels: No
  • Parcel #: 216-07-058
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 629.0
  • Tax Book Number: 216.00
  • Tax Lot: 1
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Nov 4, 2019
Sold by
Budge John C and Budge Linda M
Bought by
Wedge Gregory and Wedge Crystal
Seller's Agent
Marilyn Matura
Fathom Realty Elite
Buyer's Agent
Clayton Olsen
RE/MAX Fine Properties
List Price
$197,500
Sold Price
$150,000
Premium/Discount to List
-$47,500
-24.05%
Current Estimated Value
$1,389,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,239,052
Avg. Annual Appreciation
46.20%

Purchase Details

Closed on
Jan 31, 2013
Sold by
Budge John C and Budge Linda M
Bought by
Budge John C and Budge Linda M

Purchase Details

Closed on
Jun 2, 2010
Sold by
M & I Marshall & Ilsley Bank
Bought by
Budge John C and Budge Linda M

Purchase Details

Closed on
Mar 24, 2010
Sold by
Anerson Chad
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Jun 14, 2006
Sold by
Anderson Heather
Bought by
Anderson Chad

Purchase Details

Closed on
Jun 12, 2006
Sold by
Tempesta Michela
Bought by
Anderson Chad

Purchase Details

Closed on
May 12, 2006
Sold by
Tempesta Giulio and Tempesta Michela
Bought by
Tempesta Michela

Purchase Details

Closed on
Oct 25, 2000
Sold by
Cavalier Black Mountain Shadows Llc
Bought by
Tempesta Giulio and Tempesta Michela

Purchase Details

Closed on
Sep 29, 1998
Sold by
Cave Creek Gateway Ltd Partnership
Bought by
Cavalier Black Mountain Shadows Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wedge Gregory $150,000 Grand Canyon Title Agency
Budge John C -- None Available
Budge John C $100,000 Security Title Agency
M & I Marshall & Ilsley Bank $74,329 Security Title Agency
Anderson Chad -- Security Title Agency Inc
Anderson Chad $370,000 Security Title Agency Inc
Tempesta Michela -- Security Title Agency
Tempesta Giulio $126,000 Security Title Agency
Cavalier Black Mountain Shadows Llc $1,210,000 Century Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $150,000 0.0% --
10/11/2019 10/11/19 Price Changed $150,000 -24.1% --
07/13/2019 07/13/19 For Sale $197,500 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,633 $56,979 -- --
2024 $2,494 $54,266 -- --
2023 $2,494 $90,670 $18,130 $72,540
2022 $624 $19,365 $19,365 $0
2021 $681 $18,750 $18,750 $0
2020 $670 $16,050 $16,050 $0
2019 $651 $14,775 $14,775 $0
2018 $629 $16,590 $16,590 $0
2017 $609 $19,275 $19,275 $0
2016 $606 $14,430 $14,430 $0
2015 $608 $11,488 $11,488 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marilyn Matura

    Fathom Realty Elite

    (480) 861-3332

    26 Total Sales

    Marilyn Matura
    Section Image
  • Clayton Olsen

    Buyer's Agent in 2019

    Clayton Olsen

    RE/MAX

    (480) 452-2371

    1 in this area

    36 Total Sales

    Clayton Olsen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5952064

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-07-058

Arizona Maricopa County Cave Creek 85331

6940 E Horizon Dr Unit 1, Cave Creek, AZ

This home is located at 6940 E Horizon Dr Unit 1, Cave Creek, AZ 85331 since 13 July 2019 and is currently estimated at $1,389,052. 6940 E Horizon Dr Unit 1 is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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